Assets of IP companies with public capital to be sold by direct negotiations

The Government approved amendments to the regulations concerning the method of selling the unused assets of companies. These provide that the assets of commercial organizations with complete or majority public capital operating within Industrial Parks (IP), which are leased out to parks, will be sold by direct negotiations, IPN reports.

The direct negotiations will be staged by the same special commission that deals with the organization of contests to choose resident companies and investment projects for the park.

The commission will set the tax of participation in negotiations and the selling price of assets, which cannot be lower than the market price when the direct negotiations are opened.

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